File2-page8 - though poverty rates dropped from 44.01 to...

Besley & Burgess (2003)Redistribution, Growth and Welfare–No sense in which sub-Saharan Africa is on route to achiev-ing the Millennium Poverty Reduction Goals - if anything it isthreatening to go in the opposite direction•This African tragedy stands in stark contrast with the East Asian mir-acle•South Asia situation is intermediate between East Asia and sub-SaharanAfrica

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Unformatted text preview: - though poverty rates dropped from 44.01% to 39.99% numbers in poverty increased from 495 million to 522 million between 1990 and 1998- share of the worlds poor in South Asia and sub-Saharan Africa and has thus increased from 57% to 67% between 1990 and 1998 whereas the East Asian share has declined from 35% to 23% Development Economics, LSE Summer School 2007 5...
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